After seeing an unusual drop in overall sales in 2020, Hillsborough Oaks came back to life in 2021, recording 11 total sales (up from six in 2020) and seeing overall average home values skyrocket from $5.813 million to $7.645 million, an increase of 32% (median up 18% to $6.45 million). Homes in Hillsborough Oaks did this while averaging 26 DOM, down from 49 in 2020 and notching an average price per square foot of $1,383, up 10% from 2020. We could point out that Hillsborough Oaks’ 2021 numbers include a pair of eight-figure sales, but they also include two more that sold for $9.95 million, meaning that 33% of all sales in the neighborhood were right at or well above $10 million.
Also unique is Hillsborough Oaksbridge’s location, within walking distance of Burlingame’s Broadway downtown neighborhood. Easy access to shopping and dining, El Camino Real and the 101 freeway makes this a neighborhood for pragmatists, something singer/actor Bing Crosby must have considered when he purchased a home on Jackling Drive in the 1960s. Crosby lived in the home until his passing. His widow Kathryn Crosby, continues to live there today. The home was one of five homes featured on the 2010 Hillsborough Centennial Historic Homes Tour.
To view a detailed google map of the Hillsborough Oaksbridge neighborhood, click here.
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||0|
|2 Bedroom Homes||2|
|3 Bedroom Homes||13|
|4 Bedroom Homes||13|
|5+ Bedroom Homes||12|
|Number of Sales||13|
|Percent List Price Received||97.5%|
|Median Sales Price||$6,200,000|
|Average Sale Price||$7,104,000|
|Lowest Sale Price||$3,875,000|
|Highest Sale Price||$14,850,000|
Hillsborough Real Estate Market Review
Each year Raziel publishes this award winning annual review of the Hillsborough real estate market.